If you’re nearing or in retirement, dividend-paying stocks like Procter & Gamble (NYSE: PG) and Pepsi (NYSE: PEP) are likely high on your list of stocks to own. Both have solid business with recognizable moats and products that we are all familiar with.
Importantly, they both have a tradition of regularly upping their dividend payouts as well, which should be music to the income investor’s ears.
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